Be honest with yourself. Starting your own business is a great way to invest in yourself and make more money, but if you don't have the time or you can't handle the stress, now might not be a good time to start.
Are you just about to get married? Did you just have your first kid? Do you have financial obligations that you can barely keep up with and you're already working 80 hours a week? “Another less-than-ideal time to start a business is if you’re in the midst of getting out of a bad situation, like a job you hate”, says Ivana Taylor, founder of DIYMarketers.
“You can only commit as a small-business owner if you are drawn toward entrepreneurship, not as an excuse to run away from something.” Tweet this Quote by Susan Payton, President of Egg Marketing & Communications.
If you believe that now is as good a time as any to get started, here a few tips to increase your chance of success.